Latin American Restaurant, Beautifully Presented, In The East Sussex Coastal Town Of Bexhill on Sea

Bexhill, East Sussex

Status

FOR SALE

Date Submitted:

10/06/21

Advert ID

277996

Reference

MI941232 / Rightbiz
Leasehold: £99,000
Annual Rent: £10,000
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

Latin American Restaurant, Beautifully Presented, In The Popular East Sussex Coastal Town Of Bexhill-on-Sea

This family-run business was acquired by the current proprietors nearly two years ago, and although has been an eating establishment for about 10 years, it has been refurbished and converted into a beautifully presented Latin American restaurant.

The establishment serves a range of dishes, all prepared and cooked to order, using the freshest, locally sourced ingredients. The wide-ranging menu includes Argentinian empanadas, Peruvian ceviche, the legendary Mexican fajitas, Brazilian-style chicken breast, Portuguese style potato and kale soup, cocodrilo al mango and lamb pachamanca.

The business occupies the ground floor and basement of this unit in one of the main parades of shops in Bexhill-on-Sea.

This refurbished restaurant has seating to accommodate 30 covers. At the back of the main area is the counter/bar and to the rear of this is the kitchen. There is a garden area as yet unused that would allow for a further 4-6 covers.

We understand that the lease for the premises has a further 8 years to run, with a current annual rent of £10,000. The business rates, after small business relief, are currently £nil.

This is an excellent opportunity to acquire a busy and growing restaurant, situated in the popular East Sussex coastal town of Bexhill-on-Sea, with opportunity for further growth by developing the basement and garden area as well as offering private functions and outside catering.

Offers in the region of £99,000 stock at valuation for the Lease, Business Goodwill, Equipment, Fixtures & Fittings

VIEWING - Appointments to view this business must be made through Management Inspirations Limited by contacting this office. Under no circumstances approach the vendor(s), or their staff directly. Contact Management Inspirations Limited for Full Details.

Key Features
  • Established Business
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Advert Reference:
MI941232 / Rightbiz
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